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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?

To: maxncompany who wrote (14193)	6/24/2006 9:31:42 PM
From: baystock	Read Replies (3) \| Respond to of 78410

As I posted on stockhouse today, my expectation for CMM is to ramp production from 100K oz to 400K oz in 4 years time. As I expect the bull market in gold to last that long, albeit with violent corrections, it is not necessary to try and make a killing in the shortest time frame possible in the gold sector. If the above growth targets of mine are met, can you say 10 bagger in 4 years ? And this is with a lot less risk than most exploration stocks out there. One alternative to spreading your money amongst a lot of risky and speculative development plays (been there, done that) might be to bet the same total amount of investment capital on a lower risk, significantly undervalued, well managed, and fast growing producer such as CMM. You may not get the excitement of seeing a 10 bagger in 1 year but nor will you risk the heartache from losing your investment capital. Currently my entire resource portfolio is in CMM. I wish I could find another comparable risk/reward situation so that I could spread my investment risk better, but this eludes me despite my best efforts to find another comparable idea in the PM sector. Now days I can no longer afford/care to spend the amount of time I could in the past to researching one as I could have in years past. And it is hard work, because the best situations are usually pretty much unknown and you won't hear about them thru the various newsletters. I am not saying that there is no better resource investment than CMM, just that I am unaware of it. I stumbled on CMM at the SF mining show in Nov 2004 and it took some time for it to grow on me. I had a significant postion in CMM from under 40 cents, but after the breakout over $1, I sold all my other resource holdings and put the proceeds into CMM. My average price is now around 70 cents.